Cybersecurity M&A activity remained resilient in Q2 2026, with deal volume tracking at a pace consistent with 2025’s record-setting levels, although aggregate deal value continues to be subdued. Strategic acquirors continued to pursue technologies that expand platform capabilities, enhance visibility across increasingly complex enterprise environments and address emerging AI-driven security challenges.
At Kroll our experts examine the latest transaction activity, valuation trends and market dynamics shaping the cybersecurity sector. The report highlights key acquisitions across operational technology (OT) and IoT security, browser security, identity security and AI-agent governance, while exploring the themes expected to drive deal activity through the remainder of the year.
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